Vermont vapers cheesed off by tax proposal
From: R Street
The Vermont Legislature is considering a new (vastly higher) tax on e-cigarettes and smokeless tobacco that would treat them very much like cigarettes. The revenue Vermont hopes to raise—$1.3 million—is relatively paltry. I doubt that it’s good policy for at least three reasons:
***
3. High cigarette taxes tend to create black markets that, in turn, fuel serious crime. It’s quite probable that much higher taxes on smokeless tobacco and e-cigarettes will do the same thing in some cases.
